The Ray Shops are located in Pineapple Grove, the vibrant restaurant and retail street immediately north of Atlantic Avenue. The Ray Shops are immediately adjacent to The Ray Hotel with ample parking and walking distance to Atlantic Avenue. Perfect for a small boutique, art gallery and many other retailers, this property offers a great opportunity to locate your retail business in the dynamic and bustling downtown Delray Beach market. Small retail spaces are extremely rare in the downtown Delray Beach market.
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This Class B office building contains 2 stories and approximately 13,000 square feet of office space. There are currently two 1,500 SF office spaces available for lease on the ground floor & 2nd floor. These office spaces are perfect for any group of professionals or for a corporate office. Located only 6 blocks south of downtown Atlantic Avenue, this location offers numerous food, drink and shopping locations within minutes of this property. Locally owned and managed since 1983.
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This 3.9-acre parcel offers an exceptional opportunity for retail and office development in a high-demand commercial corridor. Positioned as an outparcel to a 200,000 sq. ft. Publix-anchored shopping center, the site benefits from strong built-in traffic, excellent visibility, and convenient access. Its C4 retail zoning allows for a variety of commercial uses, making it ideal for retailers, restaurants, medical offices, or professional services
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A commercial real estate business based in Delray Beach & Tampa, FL that specializes in the brokerage, development of commercial properties, including land acquisition and site development.
During the last twenty six years, we have been directly involved with over $3 Billion in commercial real estate sales and leasing transactions. Additional services include national retail tenant representation throughout the State of Florida.

Eddie Bauer LLC, the entity responsible for operating the brand's brick-and-mortar footprint in North America, filed for Chapter 11 bankruptcy protection on February 9, 2026, in the U.S. Bankruptcy Court for the District of New Jersey, marking the end of the brand's century-long presence as a major physical retailer. Going-out-of-business sales have already begun across all 175 locations, which are set to close by April 30 unless a buyer emerges, with the brick-and-mortar operations carrying liabilities of more than $1 billion against assets of just $100 million to $500 million. The filing cites declining sales, supply chain challenges, ongoing inflation, and tariff uncertainty as key drivers, while the brand's e-commerce and wholesale operations — now managed by a separate entity called Outdoor 5 LLC — remain unaffected. The bankruptcy marks the third filing for the storied brand, which was founded in Seattle in 1920, and follows a string of high-profile retail collapses in early 2026 including Saks Global and Francesca's.
After 25 years of operations, Houston-based women's clothing and accessories chain Francesca's filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey, with plans to close all approximately 400 stores across 45 states and liquidate. The filing came after a convergence of factors including a 2023 data breach, failed investments in non-core brands, supply chain disruptions after two major suppliers lost their own funding, and the failure of an anticipated capital infusion in December 2025. The company carries about $30.1 million in secured debt, with between $10 million and $50 million in consolidated assets and approximately 1,000 to 5,000 creditors, including landlords Simon Property Group and Tanger Properties listed among its top 30 unsecured creditors. This marks the second bankruptcy filing in six years for Francesca's, which was previously sold out of bankruptcy in January 2021 to an affiliate of private equity firm TerraMar Capital for $18 million.
Retail industry trends for 2026 include continued AI adoption for product research and customer service, value-seeking consumers driving traffic to discount retailers, and shopping malls experiencing a rebound with renewed investment in mixed-use projects. Mall foot traffic increased in 2025, with indoor malls seeing a 1.8% rise in visits and visit durations up 3.3% compared to the first half of 2024, as traditional retail shopping centers transform into destinations for entertainment and experiences. Industry executives remain optimistic, with 96% expecting revenue growth and 81% anticipating margin expansion in 2026, despite challenges including weakened consumer buying power, high interest rates, and competition from mass merchants and value retailers. Specialty retailers face particular vulnerability in 2026 as high interest rates, shifts toward online shopping, and aggressive competition from mass merchants are predicted to push overleveraged companies into bankruptcy.
Office Leasing ExpertsAt Atlantic Commercial Group (ACG), our office leasing specialists bring decades of experience.. read more
Retail Leasing & Tenant Representation ExpertsRetail success starts with the right tenant mix and strong lease structures. .. read more
Commercial Real Estate Investment Services | Acquisition & Disposition SolutionsAt Atlantic Commercial Group (ACG), we specialize in identifying and securing both on-market and off-market commercial real estate opportunities that meet our clients' acquisition and disposition needs.... read more
Exceptional Tenant Representation | Office & Retail Leasing SolutionsFor over 26 years, Atlantic Commercial Group (ACG) has helped national, regional, and local retailers and office tenants successfully expand, relocate, and secure prime commercial spaces throughout South Florida... read more
Leading Land & Site Development Services | Commercial Real Estate AdvisorsAtlantic Commercial Group (ACG) has been at the forefront of land acquisition, site development, and commercial real estate growth for nearly 26 yearsl... read more
Joint VenturesAtlantic provides due diligence, market knowledge and economic analyses to advise and guide our clients on the acquisition... read more